Following approval at the board of directors meeting held on November 10, 2026, an interim dividend of 40 yen per share was resolved, prompting adjustment of the conversion prices for the convertible bonds with stock acquisition rights maturing in 2028 and 2030. 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The effective dates are on or after October 1, 2026.","jir_summary":"### Notification of Adjustment to Conversion Price of Convertible Bonds with Stock Acquisition Rights\nThis notice informs that, following the implementation of the interim dividend of 40 yen approved at the board of directors meeting held on November 10, 2026, the conversion prices of the Euro-yen denominated convertible bonds with stock acquisition rights maturing in 2028 and 2030 have been adjusted. The effective date is on or after October 1, 2026. The conversion prices changed from 2,173.4 yen to 2,130.5 yen (maturing 2028) and from 2,079.1 yen to 2,038.0 yen (maturing 2030).\n\n### Background and Future Impact\nAdjustments to conversion terms due to the interim dividend are important disclosures that may affect existing bondholders and shareholders. The specific financial impact is stated as \"Unknown,\" and precise effects on conversion ratios and dilution require further disclosure. Continued monitoring of subsequent disclosures is necessary.","jir_financial_highlights":"Conversion Price: Pre-adjustment conversion price (maturing 2028) 2,173.4 yen \u2192 Post-adjustment conversion price 2,130.5 yen (Unknown)\nConversion Price: Pre-adjustment conversion price (maturing 2030) 2,079.1 yen \u2192 Post-adjustment conversion price 2,038.0 yen (Unknown)\nEffective Date: On or after October 1, 2026 (Unknown)\nReason for Adjustment: Approval of dividend of 40 yen per share as an interim dividend (Unknown)","jir_category":"","jir_hashtags":"","jir_key_figures":"Pre-adjustment conversion price (maturing 2028) 2,173.4 yen \u2192 Post-adjustment 2,130.5 yen\nPre-adjustment conversion price (maturing 2030) 2,079.1 yen \u2192 Post-adjustment 2,038.0 yen\nEffective date: On or after October 1, 2026","jir_meta_title":"Kobe Steel, Ltd. Notice of Adjustment to Convertible Bond Conversion Prices | Effective Oct 2026","jir_meta_description":"Kobe Steel, Ltd. has adjusted the conversion prices for its Euro-yen convertible bonds with stock acquisition rights maturing in 2028 and 2030 following approval of an interim dividend. Effective on or after October 1, 2026.","jir_og_title":"Kobe Steel, Ltd.: Notice of Adjustment to Convertible Bond Conversion Prices","jir_og_description":"Following approval of a 40 yen interim dividend, Kobe Steel, Ltd. adjusted the conversion prices of its convertible bonds maturing in 2028 and 2030. Effective date: on or after October 1, 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7654,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-146099","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n